Pierre Ferragu, managing partner of New Street Research, discusses Elon Musk to become the richest person in the world and the future of Tesla.
Maye Musk said this week that she knows her son, Elon Musk, was a genius when he was three years old when she told the billionaire technician’s achievements.
“Well, at 3, I knew he was a genius, but you still do not know if he’s going to do good things, because a lot of geniuses end up in a basement, but are not a genius,” she told CBS This Morning said she is promoting her new memoir, ‘A Woman Makes a Plan: Advice for a Lifetime of Adventure, Beauty, and Success.’
‘I was so excited when he started Zip2, because it just made life easier with door-to-door directions, and then newspapers could have a link you could take to a restaurant. “Then of course he thought the banking system needed some help, so he did PayPal,” she continues. “And after that, he thought, should he do space research or solar energy or electric motors? I said, choose one, and of course he did not listen to me.”
(LR) Maye Musk and Elon Musk arrive at the Vanity Fair Oscar Party 2017 hosted by Graydon Carter on Sunday 26 February 2017 at the Wales Annenberg Center for the Performing Arts in Beverly Hills, CA (Photo by Sthanlee B. Mirador) (Sipa via (AP)
ELON MUSK OFFERS $ 100 MILLION PRICE FOR ‘BEST’ CARBON CAPTURE TECH
Musk is best known for his electric vehicle business, Tesla, where he oversees product design, engineering and manufacturing, but he also currently leads SpaceX, Neuralink and The Boring Company.
SpaceX develops’ rockets and spacecraft for missions to Earth’s orbit and eventually to other planets’, Neuralink creates’ ultra-high bandwidth brain machine interfaces to connect the human brain to computers’, and The Boring Company ‘combines fast, affordable tunnel technology with an electric public transportation system, “according to Tesla’s bio from Musk.
Stocks in this article
This month, he boasted for the position as the richest person in the world with Jeff Bezo, founder of Amazon. Musk now sits in second place with a net worth of $ 190 billion, according to Forbe’s real-time billionaire list.
Tesla’s share has soared nearly 700% in the past year, making it by far the world’s most valuable automotive business.
CLICK HERE TO READ MORE ABOUT FOX BUSINESS
Maye Musk, a supermodel and nutritionist, said her son was already showing an engineering skill at the age of 12 when he wrote his own computer game.
“I showed it to the engineering students and they said, ‘Wow, he knows all the shortcuts,'” she said. “So I said to him, ‘Well, you have to submit it to a magazine,’ and he did, and then he got 500 grand, which was about $ 500. I do not think they knew he was 12. not.”